A few days I wrote an article about the National Association of Realtors® taking
a stance and adding to their Standards of Practice the verbage “don’t give out the
lockbox code!”. While reading and commenting it reminded me of something
that is taking place with HUD owned homes: The locks are re-keyed with the
same HUD key being able [...]
Entries from February 2010
Making an offer on a HUD home? Here’s how to protect yourself before you close on it.
February 23rd, 2010 · No Comments · macomb county MI, tips for home buyers, tips for purchasing a foreclosure
Tags:first time home buyers·home buyers in macomb county mi·HUD
The fine print - about the first time home buyers tax credit - Important!
February 9th, 2010 · 2 Comments · Tax credit for first time home buyers in Macomb County MI, first time home buyers, tips for home buyers
One of the common misconceptions for home buyers (and some real estate professionals) is that the first time home buyers tax credit is $8000 for all buyers.
When reading the fine print of the IRS form 5405 there is an entry line to fill out asking for the smaller of 2 items: $8000 or 10% of [...]
Tags:$8000 tax credit·first time home buyers in Michigan
Making an offer to purchase a Macomb County home? Ask your buyers agent to help you avoid an appraisal issue
February 5th, 2010 · No Comments · Appraisals in Macomb County MI, macomb county mi real estate market, tips for home buyers
When you plan on purchasing a home using mortgage money it doesn’t matter what type of mortgage you are applying for (FHA, VA, Conventional) - your mortgage lender is going to order an appraisal of the homes value.
They will want to make sure that the amount of money you are asking to borrow is not [...]
Tags:Appraisals for home buyers·macomb county michigan real estate market
Moving to Easpointe? One our of local “treasures” is Marcos Meats on 9 Mile
February 3rd, 2010 · No Comments · Eastpointe
Yesterday while out and about doing my personal errands I stopped in to my favorite meat market - Marcos Meats.
Anyone that knows me knows that I am a big proponent of having a business website. Yesterday while in Marcos I learned that they finally have a website up, and I must say it looks wonderful!
Another [...]
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